Decision to de-risk portfolio 'justified', says chief

Ascot Underwriting has posted a pre-tax profit of £97.1m and a combined ratio of 79.2% in its 2010 Lloyd's results.

Ascot Underwriting chief executive Andrew Brooks said: “2010 proved to be a very testing trading environment.

"Our decision to de-risk our portfolio in specific territories proved to be correct and I am delighted with our results.”

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.